MLCC finds most application in consumer electronics, automobile and industrial fields and gets beefed up remarkably with the approaching 5G era of cellphones and tablet PCs, the advances in automotive intelligentization, networking and electrification, and the growing popularity of Internet of Things (IoT) technologies. The Chinese MLCC market was worth RMB55.672 billion in 2017 and will be RMB99.752 billion in 2023.

As far as the demand structure is concerned, consumer electronics consume a lion’s share (over 50%) of MLCC in China that is the largest producer of consumer electronics around the globe. MLCC gets increasingly utilized in consumer electronics, particularly cellphones in a bid for extended functionality and better performance. In 2017, the market size of MLCC for consumer electronics reached RMB36.173 billion and seized 64.98% shares, followed by MLCC for industrial goods (about 10%), MLCC for automotive electronics (about 10%), and MLCC for military purpose (6% or so).

Murata is the MLCC vendor enjoying the most market shares worldwide (global share of 29% or so in 2017) and now boasts annual capacity of approximately 960 billion units. Murata lavished $660 million for production of MLCC for medical and automotive use in 2018 and mass-production is arranged in 2019, whilst it has been slashing production of low-end MLCC and stopped shipments of such products over the recent years.

Chinese MLCC manufacturers are burgeoning in recent years but still going in for supply to consumer electronics. For more presence in the low-end product market where Japanese and South Korean giants have withdrawn, some Chinese producers are rushing to expand production successively.

The report highlights the following:

Overview of MLCC industry (definition, classification and major policies);

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